what are the two types of physical capital
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Often, it refers to economiccapital in some ambiguous combination of infrastructuralcapital and natural capital."Physical capital is part of the production process. It includes things like buildings, machinery, equipment and computers which is used directly in the production process..
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Two examples of physical capitals are:
1. Machinery, &
2. Buildings.
In general physical capital refers to any non-human asset made by humans and then used in production. Often, it refers to economic capital in some ambiguous combination of infrastructural capital and natural capital.
Physical capital is part of the production process. It includes things like buildings, machinery, equipment and computers which is used directly in the production process.
1. Machinery, &
2. Buildings.
In general physical capital refers to any non-human asset made by humans and then used in production. Often, it refers to economic capital in some ambiguous combination of infrastructural capital and natural capital.
Physical capital is part of the production process. It includes things like buildings, machinery, equipment and computers which is used directly in the production process.
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